1. Please answer the following about the concepts that we have learned on the previous unit.

A. The portion of whole units that were completed with respect to either materials or conversion costs within a given accounting period is the definition of

-.equivalent units

-.conversion costs

-.ending work in process

-.units started and completed

B. Equivalent production units are generally determined for

-.direct materials and direct labor costs only

-.direct materials and conversion costs

-.conversion costs only

- .direct materials only

C. If a company uses a process costing system to account for the costs in its five production departments, how many works in process accounts will it use?

-.2

-.4

-.5

-.6